Canmirex

Today we are introducing KaspaDollar, an initiative led by core developer @asaefstroem to build the first decentralized stablecoin on the $KAS network. The developments around @kccforum and the Toccata hardfork have considerably widened what Kaspa is capable of. Capability alone, however, does not make an ecosystem. Decentralized finance requires a unit of account that holds its value, and until Kaspa has a stablecoin of its own, every application built on it will remain dependent on assets issued elsewhere. The design we intend to follow is the decentralized, overcollateralized stablecoin: a pattern whose security properties have been examined and tested across the industry for the better part of a decade. With the support of the core team, we consider the conditions right to bring it to Kaspa. Realizing this requires development, an independent audit, further research, and the operational work of taking a protocol from specification to production. To fund it, we are opening a fundraiser with a target of 5,000,000 KAS. Contributions are made directly to the fundraising address published on the website. Should the target not be reached by 1 January 2027, every contribution will be returned to the address from which it was sent. Up until that point, this account will share the plans, details and progress of the work as it develops.

More @TheBitcoinConf Musings... "End Game" is getting used a lot right now. @saylor is describing an endgame where Bitcoin reaches $10M per coin and grows into a $200T network. The path is capital moving into the system, institutions building around it, and price reflecting that inflow over time. You will hear the term inside the Kaspa ecosystem. Community members, analysts, and even core contributors have used it at times to describe where the technology is heading. In one case, @michaelsuttonil referred to architecture itself, saying: “Based zero-knowledge rollups over the appropriate L1 are indeed end game.” Yonatan Sompolinsky, @hashdag's expresses the #kaspa "endgame," without using the term, when talking about Kaspa’s mission, often points toward a network reaching full capability, where high block rates, fast ordering, and security all hold together under scale. "Real-time Bitcoin" or "Real-time-Decentralization." This tells you lot about where the focus is. Same word. Very different focus. Saylor’s #endgame is shaped by the world he operates in. Large balance sheets, capital markets, centralized institutional flows. In that environment, success is measured by how much value the system can absorb and how strongly it can preserve and grow that value over time. That is a real outcome. It can indeed strengthen Bitcoin’s role in global finance. But it also keeps the centre of gravity around capital itself and around the centrolized corporations and market enterprises that control it. The benefits follow those who already have access to deploy capital at scale. This "centre of gravity around capital" was something #Satoshi pushed back against when Bitcoin was created. Kaspa is aiming at a different kind of end state. #Toccata, and eventually #DAGKnight, move the network toward continuous, real-time use. Settlement that happens as activity happens. Systems that can coordinate without delay. A network that people don’t just hold, but actively use, build on, and rely on. That shifts the impact even as value is still created, often strongly. But it comes through decentralized participation, not a centralized position. It shows up in what people can run, what they can coordinate, and how they can take part without needing permission or scale to begin with. One endgame focuses on growing balance sheets. (Good for a few) The other grows what people can actually do. (Good for many) As these paths develop, the difference becomes visible in who benefits, how value moves, and what kind of systems get built on top. #StudyKaspa #BuildonKaspa #KaspaEndgame #EndGame